Blog posts tagged with "Merchant Cash Advance"

5 reasons to pursue a restaurant cash advance

October 16, 2017
Owning a successful restaurant requires numerous costs. From inventory to staffing to rent and other bills, your business cannot survive without funds to afford these consistent expenses. That’s where a restaurant cash advance comes in handy. Most likely, your restaurant receives many payments through credit card transactions. By receiving restaurant merchant funding, your business will have a lump sum advance. Then, you’ll remit a percentage of your credit card transactions to satisfy your obligations. It’s that simple.

Why you should use working capital to pay for small business inventory

July 03, 2017
Customers are the lifeblood of your business. They choose to purchase your products or services over a competitor’s offerings for a myriad of reasons including quality, price, uniqueness and availability.

Receive additional restaurant working capital? Here's how to use it

June 23, 2017
With over 1 million restaurant locations in the U.S., it’s important to consistently work to make your restaurant stand out. Having a restaurant business loan or merchant cash advance is a beneficial way to update certain aspects of your business.

How to pay back a loan during slow seasons

May 11, 2017
Just about every small business finds itself in a cash crunch from time to time. In fact, in 2015, small U.S. businesses borrowed almost $1.2 trillion, and in the last twelve months, 73 percent of small businesses used financing, according to the Small Business Administration. This is to be expected, as most small businesses don’t have the deep pockets that larger corporations enjoy.

Why you should apply for financing if you've been operational for over a year

April 21, 2017
Running a small business can be a rewarding journey. As a business owner who has been successfully operating a business for over a year, you can probably identify areas of your business that are strong.

What the state of the working capital industry means for your business

March 31, 2017
When applying for additional working capital, it’s important to review the lenders’ application process, guidelines and funding speeds. What many applicants don’t realize is that it is equally vital to research the lenders’ current financial state, credibility and how it is affecting their customers.

4 things a bank won’t tell you about receiving a loan

February 03, 2017
As a business owner, chances are you’re always thinking of new ways to get ahead of the competition, fix issues as they arise and ensure that your overall operations are always improving. If you’re wondering how to make these goals a reality, you may want to apply for a business loan.

5 small business challenges and how working capital helps

January 25, 2017
Running a small business isn’t for the weak! You’re responsible for managing finances, hiring and overseeing employees, providing quality customer service and ensuring the productivity and quality of all areas of your business.

Applying for working capital from a lender? Here's what you need to know

December 19, 2016
Receiving financing from a working capital lender can be an advantageous way to improve your business’s operations. Before you start thinking about ways to grow your business with additional working capital, you’ll need to know what to submit with your small business loan application.

How to get a business loan with bad credit

November 11, 2016
As you probably already know, maintaining an above average credit score is immensely important when it comes to running a small business. This can be especially pivotal when you’re in need of additional working capital, and are considering applying for a small business loan from a lender.